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TSX Steadies After Bond Rout | Canadian Money Brief — May 19, 2026

  TSX Steadies After Bond Rout — But Iran Uncertainty Keeps a Lid on Gains Canadian equities attempt a cautious bounce this morning after last week's sharp sell-off. Oil near US$100 props up energy shares, while gold cools in Canadian-dollar terms and the loonie holds a fragile grip at 72–73 cents US. Canadian Money Brief  ·  moneysavings.ca  ·  May 19, 2026 TSX ~34,020 ▲ Recovering CAD/USD $0.727 → Flat WTI Oil ~US$100 ▲ Elevated Gold (CAD) ~$6,243/oz ▼ Pullback BoC Rate On Hold → Patient Overview Canadian markets opened cautiously higher this Tuesday after the S&P/TSX Composite suffered its worst single-session drop in weeks on Friday, closing at 33,833 — a decline of 1.27% — as a global bond-market selloff combined with stalled US–Iran negotiations hammered sentiment. Today's session opened around 34,027 , with the index trading in a tight range of roughly 33,745 to 34,175, suggesting investors are rebuilding positions but remain wary. The dominant story...
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Starmer Rejects Claims of UK Role in US Venezuela Strikes

                                                  British Prime Minister Keir Starmer
                        

Prime Minister Keir Starmer has firmly denied that Britain played any part in the United States’ recent military strikes on Venezuela, distancing the UK from a rapidly escalating international confrontation.

Speaking to reporters, Starmer said the UK “was not involved in any way” and emphasized that no British military assets or personnel supported the U.S. operation. He added that his government is working to verify details of the strike and intends to speak directly with U.S. leadership to gain clarity on the situation.

The Prime Minister also highlighted the importance of international law and confirmed that British officials are monitoring the safety of UK nationals currently in Venezuela.

The U.S. action has triggered widespread global reaction and heightened uncertainty about Venezuela’s political future. Starmer’s comments signal a clear effort to keep Britain at arm’s length from the unfolding crisis.


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